WebRecon LLC

FOR IMMEDIATE RELEASE:

Grand Rapids, MI (December 3, 2009) – WebRecon LLC is excited to announce the launch of “The Litigant Exchange” – a first-of-it’s-kind state and local lawsuit database driven by client participation.

So… why is this so important?

While WebRecon leads the market in consumer litigant data, to date there has been no reliable way to include state and local court litigants in any reliable fashion. The overwhelming majority of data has been of federal lawsuits from the US District Court system. The Litigant Exchange creates a process that opens up large amounts of state and local data to companies who need it, in a much more efficient manner than could ever be achieved working alone.

Here’s how it works:

Every client now has the opportunity to contribute all of their state and local lawsuits to the WebRecon litigant database – already the industry’s most comprehensive collection of consumer lawsuit data. By doing that, they will then gain batch access to all of the lawsuit data contributed by other clients.

It is a self-perpetuating cycle that will add immense value for every client.

“This is a very exciting day for me personally,” says WebRecon CEO Jack Gordon. “I have been working toward this moment for months. So many of our clients have expressed a high level of enthusiasm for this idea. We are really breaking new ground here.”

The Litigant Exchange is launching with state and local lawsuit data against many of the largest collection agencies, including NCO Financial Systems/Transworld Systems, Asset Acceptance, Allied Interstate, Arrow Financial Services, West Asset Management, AFNI, Academy Collection Service, Collectcorp, Cavalry Portfolio Services, OSI Collection Services and Credigy.
About WebRecon LLC: Creditors and collection firms use WebRecon’s services to easily segregate predictably litigious consumers from their databases. A significant percentage of consumer litigation is initiated by the same consumers over and over again, and screening them out of the general population can reduce lawsuits by as much as a third.

For more information or interview requests, please contact:

Jack Gordon, CEO
WebRecon LLC, The FDCPA Litigant Alert
Web: www.WebRecon.com
Email: admin@webrecon.net
Phone: (616) 682-5327

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